Tom jon, get out of the sand trap, or whatever he said last night. Just absolutely extraordinary. We have been talking about it all morning. I would think the worldwide audience must be. Just extraordinary. Can we also note there is a job economy coming up, and maybe the next debate they can talk about where this unemployment factor is maybe going . Jonathan and maybe the csuite is still very strategic about when they drop bad news. The Walt Disney Company talking about dropping 28,000 jobs a few hours before debate. Tom well said. Jonathan it is amazing for me to wake up this morning, to watch back at that debate and hear the former Vice President call a sitting president a racist, and it doesnt even register. It is not even a headline this morning. That speaks to where we are at currently in the political discourse in washington, d. C. Tom some of the discussions on the white super missy issue last night are beneath the fold because of the turmoil, the emotion, the rage and the rank
Stimulus and higher bonld yields as well which reversed and went the other way. Dows down almost 300 points is this art of the deal or do traders really need to pare back their bets over stimulus lets get right to maike santol for the market reaction. What stands out to you right now . First of all, its an incredibly clean test of where the market was and what it was trying to bake in over the course of this rally which as will fred said was whats really fascinating too is the news came as the s p 500 was just hitting these levels that everyone has been saying oh were going to give room to this rally to get to 3425 and then well see what happens we were just above that in the afternoon and then we had this little reflex. I would caution everybody to keep in mind that we dropped to where we were trading yesterday morning right after the close. So there has been a little bit of a head of steam and builtup gains in this market this doesnt necessarily completely alter the premise of what w
December 15 for tariffs. A lot of focus is on the next 48 hours, we have an important poll for u. K. Elections that happen on thursday. Two days of campaigning left her leaders and two days of possible market movement. Conservatives have a clear majority over the labour party he read the japanese 10 year yield did touch 0 . Coming up on bloomberg surveillance, do not miss our exclusive information with Philipp Hildebrand from blackrock. Days ahead of the u. K. Election, Health Service funding , that brought an awkward encounter for Boris Johnson and a reporter. The Prime Minister confronted with a picture of a sick child forced to sleep on the floor of a hospital because of a bed shortage. Johnsons conservatives are 12 points ahead of the opposition labor party. The saudi arabia is embarking on three years of spending cuts as the Government Faces a widening deficit. A Fiscal Program marking a shift away from the stimulus helped power nonoil Economic Growth with opec output a drag on ex
How the sector is shaping up for the condensed Holiday Season, already december 2nd why jack dorsey is planning to spend a big chunk of next year in africa. Well discuss it even if we know nothing about it never stops us no as we enter the first day of trading in december, stocks are looking to maintain the upward momentum following what was the best monthly performance since june the nasdaq was the top performer over the three major indices its november gain was 4. 5 , jim, as we head into 2020, amazingly as that is we have to look at the likes of apple and facebook and the incredible gains and some of the laggards in technology it is hard to imagine amazon is a laggard, it has been performing as has alphabet. I think people should watch jpmorgan and United Health which bottomed at the exact moment when the of senator warren hit its peak i continue to believe like you do, david, it is way too early one thing i would say, there is no reason for jpmorgan to be up where it is, given the
Grows inchment drama washington as President Trump goes on the offensive. The u. S. President also says a trade deal with china could get done quote sooner than you think. Authorize u. S. To tariffs. And warnings from some of londons biggest names. Imperial, pearson, and ing cut guidance for the year. Good morning. Matt good morning, anna. Less than half an hour away from the european open. I am looking at treasuries after the big spike we saw yesterday. Backed up above 1. 7. Indeed, we hit 1. 74. Where coming down as investors by bonds. Buy bonds. We are also looking at risk off trade in terms of european futures. Dax,a look at where we see cac and ftse futures trade. Not a lot of movement at all. The arrows are already, but really, not a lot of movement. What are you seeing on gmm . Ic 30 year treasuries also seeing a retreat. Bit of buying in that department. Indian and indonesia does higher. China is down by. 5 , which is interesting. Have forhe picture we the fx markets. We saw a